2018Mar27 USDCHF H1 Bullish Bat
USDCHF is on an uptrend and there is a bullish bat. The bullish bias is confirmed by a double bottom with a red hammer (right bottom) closing at 0.94398 which also guided price entry. Stop loss is placed just below point X while the take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A.
Trade Setup: Bullish Bat
Price Entry 0.94398
SL 0.94195 | SL pips 20.3
TP1 0.94851 | TP1 pips 45.3
TP2 0.95173 | TP2 pips 77.5
TP3 0.95693 | TP3 pips 129.5
RRR1 2.23 | RRR2 3.82 | RRR3 6.38
Status/Remarks: TP1, TP2, & TP3 hit! :)
Trade Setup: Bullish Bat
Price Entry 0.94398
SL 0.94195 | SL pips 20.3
TP1 0.94851 | TP1 pips 45.3
TP2 0.95173 | TP2 pips 77.5
TP3 0.95693 | TP3 pips 129.5
RRR1 2.23 | RRR2 3.82 | RRR3 6.38
Status/Remarks: TP1, TP2, & TP3 hit! :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.